Creation Deposit definition

Creation Deposit means the consideration for the creation of a Creation Unit consisting of Deposit Securities and the Balancing Amount.
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Creation Deposit means the cash consideration for the issuance of a Creation Unit.
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Creation Deposit means the requisite Deposit Instruments and Cash Amount. Under the limited circumstances set forth in the Prospectus, the Creation Deposit may consist of an all-cash payment.
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Examples of Creation Deposit in a sentence

  • The Authorized Participant understands that the number and names of the designated portfolio of Deposit Securities to be included in the current Creation Deposit for each Fund will be made available by NSCC on each day that the Listing Exchange is open for trading and will also be made available on each such day through the facilities of the NSCC.

  • The ProShares Trust will make available, prior to the opening of trading on the primary exchange on which shares are listed, a list of the names and the required number of shares of each security to be included in the Creation Deposit for each Bullish Fund.

  • Personnel of ProShares Trust or its Advisor with knowledge about the composition of a Creation Deposit are prohibited from disclosing such information to any other person except as authorized in the course of their employment, until such information is publicly available through the facilities of the National Securities Clearing Corporation or otherwise.

  • If Index Receipt Agent has not received from the Authorized Participant the Creation Deposit and Creation Required Cash Collateral (if any) required to settle a creation order, Index Receipt Agent shall have no obligation to settle, and no liability for failing to settle, such creation order.

  • The Participant understands that the number and names of the designated portfolio of Deposit Securities to be included in the current Creation Deposit for the Trust will be made available by NSCC on each day that the Listing Exchange, as hereinafter defined, is open for trading and will also be made available on each such day through the facilities of the NSCC.

  • Moreover, Index Receipt Agent shall have no obligation to settle, and shall have no liability for refusing to settle, any creation order received from an Authorized Participant if the Authorized Participant has not provided the Creation Deposit and Creation Required Cash Collateral (if any) required to settle every creation order with the same settlement date for every ETF Series of the Trust subject to this Schedule B.

  • The Distributor represents and the Authorized Participant acknowledges that the number and names of the designated portfolio of Deposit Securities to be included in the current Creation Deposit for each Fund will be made available by NSCC on each day that the Listing Exchange is open for trading and will also be made available on each such day through the facilities of the NSCC.

  • If Index Receipt Agent has received from the Authorized Participant the Creation Deposit and Creation Required Cash Collateral (if any) required to settle a creation order, the Index Receipt Agent will instruct the Transfer Agent to create the appropriate number of ETF Shares of the applicable ETF Series for deposit to the Custodian’s DTC Participant Account for transfer to the Authorized Participant.

  • Personnel of the ProShares Trust or its Advisor with knowledge about the composition of a Creation Deposit are prohibited from disclosing such information to any other person except as authorized in the course of their employment, until such information is publicly available through the facilities of the national Securities Clearing Corporation or otherwise.

  • The ProShares Trust will make available, prior to the opening of trading on the American Stock Exchange, a list of the names and the required number of shares of each security to be included in the Creation Deposit for each Bullish Fund.

Related to Creation Deposit

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Deposit means a deposit as defined in 12 U.S.C. Section 1813(l), including without limitation, outstanding cashier's checks and other official checks and all uncollected items included in the depositors' balances and credited on the books and records of the Failed Bank; provided, that the term "Deposit" shall not include all or any portion of those deposit balances which, in the discretion of the Receiver or the Corporation, (i) may be required to satisfy it for any liquidated or contingent liability of any depositor arising from an unauthorized or unlawful transaction, or (ii) may be needed to provide payment of any liability of any depositor to the Failed Bank or the Receiver, including the liability of any depositor as a director or officer of the Failed Bank, whether or not the amount of the liability is or can be determined as of Bank Closing.